11/18/2020
Today

Revival of Lockdown Lunacy Amounts To Rejection of Reason

Stephen Moore, Hill

In the wake of rising numbers of coronavirus cases and hospitaliz...

How to Deal With People Who Ignore Covid Safety

Emily Oster, The New York Times

First, let's assume that they are not necessarily going to listen.

Scott Atlas, Star Disciple in Trump's Anti-Lockdown Death Cult

Nick Martin, TNR

The task force adviser is there to incite the president's base and facilitate the slow, deadly violence of our failed federal response to the pandemic.

We're Growing Lockdown Weary

Jeffrey Tucker, American Institute for Economic Research

There are public protests against lockdowns in Denmark, Italy, France, and all over Europe. They are growing in numbers and fury. Why not the US? Scott Atlas suggested in passing that Michigan residents “rise up” against new lockdowns in Michigan, and major media collectively fainted in shock. Preposterously, he was forced to clarify that he didn’t mean violently.

The Pandemic Is Squeezing Women Out of the Workforce

Claire Lampen, NYM

The coronavirus pandemic is forcing women out of the workforce at disproportionate rates, particularly where childcare is involved. Men seem far less likely to have to quit in order to manage kids and homes.

Judy Shelton Would Bring Wrong Kind of Diversity to the Fed

Emily Stewart, Vox

Fed nominee Judy Shelton was just blocked by the Senate but she might be back.

It's Scandalous That Some View Judy Shelton As Controversial

John Tamny, RCM

The rial is no longer Iran's currency. It was recently replaced by the toman. Why was it replaced? The answer is really simple. Since 1971 the rial has been devalued over 3,500 times....

Way Forward for Judy Shelton As Republicans Stab Backs

Editorial, New York Sun

The Democrats may be celebrating this evening their success in at least temporarily blocking the Senate from voting on the nomination to the Federal Reserve of Judy Shelton. It might not be the end of the line, though. For it looks like Ms. Shelton has the votes — if they can only get to the Senate floor before the end of November. Senator McConnell and the White House seem determined to stick with it, and we certainly wish them luck. It’s an important moment in America’s long debate over monetary reform.

Bottom-Up Solutions to America's Problems

Charles Koch & Brian Hooks, USA Today

After a year of crisis, America seems no closer to finding a path forward. Millions are thinking there has to be a better way. There is. It starts in the places and with people you may least expect, and all of us have a role to play. Take Scott Strode. He spent years struggling with substance abuse, then beat it through physical fitness and a supportive community. Now he’s helping tens of thousands of others do the same. His group, The Phoenix, is more than twice as effective as most traditional treatment methods. With addiction rates skyrocketing in the pandemic, Scott...

We Do Not Understand China's Econ. Success

Rainer Zitelmann, Washington Examiner

China and another 14 countries in the Asia-Pacific region have signed one of the biggest free trade agreements in history to form the world's largest trading bloc. The free trade agreement covers 2.2 billion people and encompasses about a third of the world's economic output.

Market Is Much Smarter Than You In Vaccine Chase

Market Minder, Fisher Investments

Heat chasing takes many forms.

Dividend Rate v. Dividend Yield: Differences

Coryanne Hicks, U.S. News & World Report

With interest rates at historic lows, investors are searching beyond the fixed-income markets for reliable yield. Bonds, which have been traditionally viewed as the safe haven for income investors, may now pose more risk than reward.

A Double Dip Is Unlikely

Brian Wesbury & Robert Stein, First Trust Advisors

Consumer Stocks Dying and Thriving In C-19 Age

Jun Wang, Applied Finance

Valuation Edge® Analyst Interview Series Jun Wang, CFA Senior Fundamental Analyst, Partner, Applied Finance B.A. Southwest University China, MBA California State University, Fresno Valuation Edge: Hello Jun, thank you for taking the time to share [...more]

Things Can Get Worse Before They Get Better

Richard Moody, Regions Bank

On the Certainty of Uncertainties In the Stock Market

Pat O'Hare, Briefing.com

CPI Version of Inflation Reverses Course In October

Richard Moody, Regions Bank

A Case Against the Bank of England's Bond Buying

Market Minder, Fisher Investments

As the Bank of England expands quantitative easing, we revisit the program's flaws.

A Lot Has Changed In the Past Week

Brad McMillan, Commonwealth Financial Network

Climate and C-19 Denial Make It Hard to Be Optimistic

Paul Krugman, New York Times

If we can't face up to a pandemic, how can we avoid apocalypse?

Joe Biden's "Net-Zero" Climate Normal Isn't Normal

Rupert Darwall, RealClearEnergy

Those hoping that a vote for Joe Biden would be a ticket to normalcy will be disappointed. "At this moment of profound crisis," the Biden-Harris transition website states, "we have...

Debt, Deficits and Donald

Veronique de Rugy, American Institute for Economic Research

Speaking to a CNBC reporter back in January, White House aide Larry Kudlow boasted about economic growth under President Trump (and blamed the Fed and others for its not being even higher): “You’ve gone from 1.5 percent to 2 percent growth. We had it going at almost 4 percent, then the Fed tightened. . . . We’re now down to 2.5 percent to 3 percent. I’m looking for faster growth.”

Retirement Withdrawal Ahead of Time Could Be Costly

Katie Brockman, Motley Fool

Nobody has all the right answers when it comes to saving for retirement, and everyone is bound to make money mistakes now and then. However, some blunders are more subtle than others – and potentially more costly. Those types of mistakes can be especially dangerous because, by the time you realize you've made a mistake, it may have already cost you hundreds or even thousands of dollars. And there's one common saving error that can be more expensive than you may think.

The False Promise of Student Loan Forgiveness

Allison Schrager, Manhattan Institute

With student loan forbearance ending this year, there have been calls from activists and Senators Chuck Schumer and Elizabeth Warren to forgive up to $50,000 of student debt, perhaps with an executive order soon after Biden takes office. But according to the chart below it would be an extremely regressive wealth transfer. It shows average debt levels and income by education levels for Americans under 35 from the Fed's 2019 Survey of Consumer Finances.

Biden's 1st Day Might Include Bailout for the Rich

Brad Polumbo, Washington Examiner

During his presidential campaign, Joe Biden ran on the "cancellation" of $10,000 in student debt for all college graduates, and further relief for those making less than $125,000. Now that he has been projected to win the White House, pending recounts and legal challenges, we may soon find out whether Biden intends to follow through on these promises for a federal student loan bailout.

Fox News Rivals Are Using Its Own Dishonest Tactics Against It

Oliver Darcy, CNN

For more than two decades, Fox News has conditioned its audience to distrust news that collides with its worldview or theirs.

Non-C19 Ways Next NY Mayor Can Make It Great Again

Steve Cuozzo, New York Post

COVID, mass unemployment, fiscal disaster â?" the next mayor of New York City will have a lot on his or her plate to cope with.

A Declaration of Independence From Covid-19 Fear

G. Patrick Lynch, Law & Liberty

Out of Great Barrington, Massachusetts came a declaration of independence, of sorts—independence from the ruling epidemiological consensus on the current pandemic. Originally signed by three prominent epidemiologists at Harvard, Stanford, and Oxford, the Great Barrington Declaration addresses the current pandemic from a heterodox perspective. It advocates for something called “Focused Protection” in lieu of our current collection of wildly different Covid policies across the US and around the world. While many details aren’t included, the authors vaguely...

A Republican Senate Would Be Bad for Business

Paul Krugman, The New York Times

What's bad for America would be bad for corporations, too.

It's Time for Republicans to Rethink Their Econ. Policy

Robert Stein, National Review

Conservatives need to rethink economic policy if they want to build a viable political coalition.

The 2020 Outcome Was All About No Public Policy Mandate

David Boaz, The Hill

The president-elect campaigned on a message of decency, empathy, hope, and unity, as seen in his final television ads. Unaffordable spending programs and a reverse culture war â?" with attacks on free speech, religious freedom, and Second Amendment rights â?" will not bring the unity and normalcy that Americans seek.

Fisher Investments on Election-Year Uncertainty: This, Too, Shall Pass

Fisher Investments Editorial Staff, Fisher Investments

Ken Fisher on Nixing the VIX

Fisher Investments Editorial Staff, Fisher Investments

Will Uncle Sam Force Big Tech to Break Up?

Fisher Investments Editorial Staff, Fisher Investments

Shattering the Debt Ceiling Myth

Fisher Investments Editorial Staff, Fisher Investments

Jubilee

Steve Randy Waldman, Interfluidity

Should a Biden administration unilaterally forgive student debt?

How Hidden Is Inflation?

Claire Jones, Financial Times

Price pressures have disappeared during the pandemic, so they say.

A Better CAPE Ratio?

Tommi Johnsen, Alpha Architect

Ultra-Simple Shiller’s CAPE: How One Year’s Data Can Predict Equity Market Returns Better Than Ten

What History Tells Us About the Post-COVID Economy

Preston Caldwell, Morningstar

How habits, fear, and sunk costs can reshape economic behavior.

It Still Looks Like A 'V'

Scott Grannis, Calafia Beach Pundit

The latest economic data available continue to show signs of a strong recovery from very-depressed lockdown levels.

A Pandemic We Can Prevent

Thomas Cueni, Project Syndicate

Although antimicrobial resistance has been a known and growing problem for decades, only one new class of antibiotics has been discovered since 1984. Tackling AMR requires a fundamental change in how new antibiotics are valued, and government incentives that reward biotech firms for successfully developing them.

The Chump Effect of Progressive Policies

James Meigs, City Journal

Progressive policies penalize those who play by the rules and shower benefits on those who don't.
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